Purchase of Own Securities

Schroder UK Growth Fund PLC
8 June 2000

Purchase of Shares for Cancellation

Schroder UK Growth Fund plc announces that on 7 June 2000, the Company purchased
171,582 shares for cancellation, at a price of 145.50 pence per share. 
Following the purchase, there are a further 206,025,713 shares in issue.

Enquiries:

John Spedding
Schroder Investment Management Limited      Tel:  [phone]